focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
This message has been filtered, please adjust your filters to view
This message has been filtered, please adjust your filters to view
This message has been filtered, please adjust your filters to view
https://www.youtube.com/watch?v=mddeohdTtFQ
Happy Easter to you all, off out now for the day, see you all Tuesday.
Wents, I looked in here late last night without logging in, and your comment 21.44 was
“Very funny” 🤣
And most definitely not 🥱
Silver is probably the largest “round trip investment” in the history of mankind.
It takes powerful market forces to move it.
inflation adjusted $22 in 1917, $25 in 2024.
https://www.macrotrends.net/1470/historical-silver-prices-100-year-chart
Thankfully last 18 months my BTC miners have outperformed.
Unlike the majority here, I wouldn’t even be holding UFO, if it was Iron Ore only.
Just wanted to be in something with no market value attributed to Silver, that had huge operational leverage at sustainable higher Silver prices, to feel what passing “Hoover dam content through a garden water hose” would feel like…..
👍
The aeromagnetic surveys, geochemical surveys, trenching, and drilling cost about A$1.85m over the last 4 years, on Elizabeth Hill mining licence tenement. That is A$462k average per year. Now the commodity market mini bear market within a secular bull, is turning back up, further positive exploration news would give the board more financing options at higher share prices, rather than less favourable bridging loans each time they are negotiated.
A project generator cannot sit on this potential resource indefinitely, without increasing it through more cost effective exploration activity. Especially if we have geologists on the payroll.
Eagerly await the Q2 Re-assay existing core, EMS Survey, EH down shaft survey, Geochemical Surveys and Filed mapping surveys. Then Q3 strategic partnering process, which sounded from Guys interview, they could have made an early start on.
….and yes before anyone asks, all the RNS are there on Alien Metals website and LSE, but you click on the link they cannot be found, it’s a bit like our bonanza grade near surface Silver nuggets, we all know they are down there somewhere, but we haven't got a clue how we are going to access them easily.
this is being held back for strategic reasons, the world leading silver intersection would have peaked someone’s interest, if not we may as well all sell all our silver investments and lob the lot on momentum stocks near the top of a multi decade bull market.
2020
☑️
https://www.alienmetals.uk/wp-content/uploads/14122020-australia-exploration-update-rns-final.pdf
2021
☑️
https://www.alienmetals.uk/wp-content/uploads/04.08.21-inaugural-drilling-elizabeth-hill-rns-final.pdf
✅
https://www.alienmetals.uk/wp-content/uploads/18112021-elizabeth-hill-trenching-rns-final.pdf
2022
✅ ✅ ✅
https://www.alienmetals.uk/wp-content/uploads/maiden-drilling-core-results-eh-rns-27012022-final-194515.docx.pdf
✅
https://www.alienmetals.uk/wp-content/uploads/maiden-drilling-rc-results-eh-rns-25042022-final21.pdf
2023
☑️
https://www.alienmetals.uk/wp-content/uploads/elizabeth-hill-and-han****-project-updates-final-pdf-clean.pdf
2024
❓
Good research D3T although 17 we already have a mining licence for Elizabeth Hill and hadn’t heard Bradley Toms or Lloyd Edmunds that have left our employment.
https://www.alienmetals.uk/wp-content/uploads/Alien-Metals-Presentation-June-2022-PDF.pdf
Guy made reference to core assets, and none core assets.
Would love the following;
⭕️ Sale of none core asset tenements
⭕️ S31 registered
⭕️ Mining licence proposal and subsequent environmental and permits authorised.
⭕️ Funding and offtake agreement investment decision made and signed.
⭕️ Windfield uplift payment calculated, audited and paid in shares or cash.
✅ Road construction started.
✅ Elizabeth Hill and Munni Munni exploration programme announced.
✅ More bonanza Silver grades reported, and Lithium confirmed, improving our negotiating terms in JV offers on the table.
✅ Hanc0ck first Ore shipped by December 2024.
❓ If they can’t get that wish list away by the end of 2024, Q1 2025, then I’ll take a JV announcement for the job lot, as there are plenty more opportunities out there.
Talking of GGP remember Stephen Beetham saying he was holding 100m, 260m and then 160m. The price was fluctuating a while even after HAD005, and way before ETFs started buying.
I think as long as the large shareholders stay committed to realising a return on their investment through their Alien Metals shareholdings we could still reach first pour (Ore) and Revenue before GGP.
Same here Wasred, bought all the way from 0.18 to 12.00 on GGP and did sell some at 34, as it had deviated too many standard deviations from the mean. Have been in it almost a decade, have been in out of Arian Silver and Alien Metals the same. These things are calculated gambles which you can do well when large money enters, on hype or real news. Hitting the jackpot news release still means your investment can be blown around in the wind by institutional money and market forces.
Every none revenue business has the ultimate objective or achieving its on cash flows or exit of being taken over for a premium. Directors come and go, strategies change but the assets in the ground are real, and can be converted to resources of a marketable value with a little work.
Just had a MOU JV deal in the Indian EV market with DGI.L this morning a £18m market cap company recently bought into a run by three heavyweight ex Tesla board members and senior managers.
Still have remaining faith, that I can turn my investment in Alien Metals, into my fourth double at worst and potentially 5x, from here, with positive news on the two core assets.
Best of luck all Alien Metals shareholders past, present and future.
Well done board.
No doubt will be the biggest market on planet earth, set your sights high, and then achieve a wonderful outcome in a matter of months.
https://www.fortunebusinessinsights.com/india-electric-vehicle-market-106623
You can wait around years for investment opportunities like this to come along.
Https://www.statista.com/statistics/1340848/australia-largest-silver-mining-companies-by-market-capitalization/
We shouldn’t discount Venture Capitalist investment, looking at the top VC firms in Oz, they all seem to be following the momentum macro themes, and may pivot new investments towards commodities.
https://startupsavant.com/top-venture-capital-firms/australia
I prefer JV’s with mining companies, as we seem to be running on fumes, by large shareholders and administrators, with little or no recent successful mining experience.
Silver miners in Australia
Don’t see South32, Glencore, BHP for Pinderi Hills being JV partners, don’t think what we have is exciting enough at this stage. Even though they mine the majority of Silver in Australia at Cannington, Mount Isa and Broken Hill.
The other three top silver mines in Australia are the Tritton, Golden Grove and Hellyer mines:
Tritton, owned by Aeris Resources (ASX:AIS,OTC Pink:ARSRF), is primarily a copper mine, but it still has reserves of approximately 2.9 million ounces of silver.
Owned by 29Metals (ASX:29M), the Golden Grove mine holds copper, zinc and silver, with 24.29 million ounces of the precious metal in reserves.
Hellyer, owned by NQ Minerals (OTCQB:NQMLF,AQSE:NQMI), holds 22.87 million ounces of silver.
Future silver mines in Australia?
In addition to being home to a slew of large silver mines, Australia also plays host to many companies that are exploring and developing silver projects. Below are a few that have made recent progress.
Please let us know in the comments if we’ve forgotten to mention any Australia-focused silver companies. All companies listed had market caps of at least AU$5 million on April 29, 2023.
Argent Minerals (ASX:ARD,OTC Pink:ARDNF) — Argent Minerals’ main asset is its 100 percent owned Kempfield polymetallic project in New South Wales, which holds an estimated 52 million silver equivalent ounces. In total, the company has three projects, all of which are in New South Wales.
Investigator Resources (ASX:IVR) — Investigator Resources is advancing silver, copper and gold deposits in South Australia. Currently its properties include Paris, Greater Peterlumbo and Stuart Shelf. The total resource for Paris stands at an estimated 53.1 million ounces of contained silver and 97,600 tonnes of contained lead at a cut-off level of 30 grams per tonne (g/t) silver. The indicated component is 12.7 million tonnes at 95 g/t silver and represents 73 percent of the total estimated resource ounces.
Horizon Minerals (ASX:HRZ) — Horizon Minerals owns the Nimbus silver-zinc project in Western Australia. Nimbus has a high-grade silver-zinc resource estimate of 255,898 tonnes at 773 g/t silver and 13 percent zinc; the total Nimbus resource stands at 1.21 million tonnes at 52 g/t silver.
Silver Mines (ASX:SVL,OTC Pink:SLVMF) — Silver Mines bills itself as a leading Australian silver exploration company, and its most notable asset is its Bowdens silver project. While the company’s main focus has been the Webbs silver project in New South Wales, Bowdens is the largest undeveloped silver project in Australia. In April of this year, Silver Mines received final development approval for Bowdens, meaning it can now move through development and towards production. A 2018 feasibility study shows average silver production of 3.4 million tonnes per annum for the project, with 5.4 million tonnes during the first three years of operation. Estimates also include 6,900 tonnes of zinc
Expertly written HH 🐟
I was half expecting Max to say, “Trust but verify”. доверяй, но проверяй
Source
From The Independent (1999):
Claims that one of history's greatest ships could never sink were never made during the Titanic's short lifetime and are a classic example of myth creation, according to a British academic.
Richard Howells, lecturer in communications studies at Leeds University, says in a new book, The Myth of the Titanic, that it was only after the liner had gone down that she was described as being unsinkable.
"As soon as the Titanic sank, everyone decided it was the great unsinkable ship, but it was never, in fact, publicised as being an unsinkable ship," he said.
https://skeptics.stackexchange.com/questions/8807/was-the-titanic-ever-publicised-as-unsinkable
Who knows who’s right, we weren’t there, who cares, who takes Max’s facts as gospel, our profit and losses are all that matters, not strangers integrity.
Keep your chin up Max, if this boat sinks we only have ourselves to blame, if it sails off into the distance to much higher prices, I’ll be thanking Max for his positivity and keeping us entertained on the quiet days.
JV partners will know they can do it for much less than $85.
The below link details FMG differences in C1, Delivered and AISC costs.
https://fiig.com.au/research-and-education/fiig-research-news-item/2016/11/23/fortescue---explaining-the-various-cost-and-price-metrics
FMG now have a C1 cost of $17.54 per wmt.
Alwyn implied our breakeven cost in an interview was ok as Iron Ore ranges between $80 and $150 and supply and demand will be self regulated by price.
Grade is king, DRI the best, Sinter(Klaase) fines around $62+ maybe desirable to mix with lower grade Ore.
5x5 don’t want to post about BVI as get this a lot at work. All I would say is lawyers and accountants earn there corn.
https://www.agplaw.com/set-company-british-virgin-islands-bvi/
5x5 2% NSR.
https://www.alienmetals.uk/2019/12/alien-to-acquire-high-grade-historic-australian-silver-mine/
200m shares @ £0.0014 each.
Lovely Jubbly.
He is a man of action though, remember his Silver and Alien Metals merchandise and you tube video’s. Think he is like me, and sees the operational leverage in our valuation coming from Silver.
Gold Silver price ratio 90, Silver annual production only 8x gold.
Only 4% of annual Silver production is from Oceania, only 33% of this is from Primary Silver deposits, the other third from lead/zinc higher bulk tonnage, and third from Copper/ Gold deposits. That’s 1.3% of global annual Silver production from primary silver mines in Australia. Where it is said Australia has the most economic Silver resources of any country on earth.
25% of Australian Silver production is refined to Silver metal goes to Japan.
The market hasn’t bothered to assign any value to Alien Metals Silver potential as it has got lost in the communication around the correct strategy in getting immediate cash flow from Iron Ore production.
We seem to have lost our way as a company….but to me the Crown Jewels from a valuation stand point are the Pinderi Hills tenements. There must be geologists from larger companies that read the below stuff and know what we potentially have when Silver breaks $30.
https://www.mindat.org/loc-212254.html
https://www.ga.gov.au/education/classroom-resources/minerals-energy/australian-mineral-facts/silver
https://www.tandfonline.com/doi/pdf/10.1080/22020586.2019.12073251
https://www.unsw.edu.au/content/dam/pdfs/unsw-adobe-websites/science/bees/aca/research/2022-01-Pilbara_Episodes_2012.pdf
http://legendmining.com.au/wp/wp-content/sharelink/20090515-ecm-5-new-em-anomolies-found-at-elizabeth-hill-87758655349986884.pdf
Thank you Turbo.
Actions speak louder than words. Each poster has a trail in their posting history, some say more in Telegram than they do here. When folks sell and switch from bullish to bearish commenting, it makes sense to be taken as a change in their sentiment only, unless they post undeniable facts.
Problem for us positive shareholders (rampers) is, the RNS ‘facts’ are often misleading and don’t come true in the timeframes stated. So our posts get undermined also.
When I sell and go away for a year, I don’t post anything at all on the board, I even close my account if I want time away.
We are all entitled to post what we want, I have more respect for shorter’s explaining why they think a stock is weak or overpriced, than duplicitous flippers, with schizophrenia in their posting history.
So from time to time I push these overtly transparent subjective deramping posts down the page again with some facts, so they have to work harder for their lower buy back in.
approvals
the key next focus of the company is to secure the grant of the mining lease m 47/1633. granting of this lease by dmirs allows the company to then submit the final regulatory documentation for key approvals that will include:
· mining proposal and closure plan,
· environmental approvals (part iv and v), and
· native vegetation and clearing permits.
the company is cooperating with dmirs on investigations about historical (2021) breaches of regulations regarding heritage and ground disturbance on the han**** project tenements. the company is confident that these breaches, which were self-reported by the company in 2023, will be addressed without significant impacts on the project development planning.
tenement e47/3954
exploration has been extended for 5 years to 19th november 2028. section 67 conversion has been lodged for ages.
m47/1633 transfer was lodged 5th october 2023.
we have no idea how serious the breach was, but the conditions attached to the exploration licence seem procedural, and infringements can be made good.
all disturbances to the surface of the land made as a result of exploration, including costeans, drill pads, grid lines and access tracks, being backfilled and rehabilitated to the satisfaction of the environmental officer, dmirs. backfilling and rehabilitation being required no later than 6 months after excavation unless otherwise approved in writing by the environmental officer, dmirs.
unless the written approval of the environmental officer, dmirs is first obtained, the use of drilling rigs, scrapers, graders, bulldozers, backhoes or other mechanised equipment for surface disturbance or the excavation of costeans is prohibited. following approval, all topsoil being removed ahead of mining operations and separately stockpiled for replacement after backfilling and/or completion of operations.
we have spent a$ 5,921,000 on this tenement that comes out of any project valuation uplift, so windfield will have their say that hanc0ck isn’t sold on the cheap. if potential sale or jv offers are on the table, these offers have been made, knowing the mining licence proposal is pending.
they will also know from the development study, that the project economics are good, and there is a huge scope to increase reserves. maybe the cln rns saying more exploration has been funded is more about grades, as we have better than average grades on current ridges, but grade is king.
https://pearlgulliron.com.au/wp-content/uploads/2021/09/understanding_the_high-grade_iron_ore_market_fastmarkets.pdf
the licence rns will drop when it drops.